Stelae Tech raises undisclosed amount Mohandas Pai, others

Stelae Technologies, a software product company with operations in Chennai and Bangalore, announced a pre-series A funding with Earlsfield Capital, UK. Saha Fund, former Infosys veteran Mohandas Pai and Cross Border Angels also participated in this round. The company refused to disclose the amount raised from the investors. The investment will be used to scale up the delivery operations of the company and increase the breadth of technology partners worldwide, said the company in a press release. The firm’s software product, Khemeia, whose patent is pending, detects content elements in documents like the human eye, using artificial intelligence-based pattern recognition and content analyses algorithms. The company claims Khemeia has processed over 10 million pages of content for customers like Rolls Royce Aerospace (UK), DCNS (France), Wolters Kluwer (US), Deutsche Bank (UK) and…